Looking to buy a Goodyear NNN property? 19 are observed for sale across 11 states, median asking cap rate 6.00%. View Goodyear NNN properties for sale, cap rate bands and the 1031 buyer guide.
| Company | Goodyear |
| Parent | The Goodyear Tire & Rubber Company |
| Ticker | GT |
| Sector | Auto Service |
| S&P Rating | no verified rating |
| Moody’s Rating | no verified rating |
| US Locations | Not reported separately; about 505 company-owned retail outlets in the Americas (2025 Form 10-K) |
| Revenue | $18.28 billion net sales in 2025 (2025 Form 10-K) |
| Median asking cap rate | See the live table below |
| Lease Term | Varies by lease; confirm in the lease |
| Building SF | Varies by property |
| Lot Size | Varies by property |
| Lease Type | NNN or NN; varies by lease |
| Guarantee | Varies; confirm the guarantor in the lease |
Business Overview
Goodyear, one of the world’s leading tire manufacturers, operates approximately 505 company-owned retail outlets in the Americas, primarily under the Goodyear or Just Tires names, plus about 180 commercial truck tire and service centers (2025 Form 10-K). Our ratings database classifies Goodyear as not investment grade; an investment grade rating is BBB‑/Baa3 or higher. Its Goodyear Forward transformation plan, intended to optimize its portfolio, expand margins and reduce leverage, was completed in 2025 (2025 Form 10-K).
Goodyear’s 2025 Form 10-K says it has one of the most recognizable brand names in the world.
Goodyear sold its off-the-road tire business, its rights to the Dunlop brand in Europe, North America and Oceania, and its polymer chemicals business in 2025 (2025 Form 10-K), and in 2026 it approved plans to close its Fayetteville, North Carolina tire plant and two chemical plants (Forms 8-K filed July 21 and October 1, 2026).
Credit Rating & Investment Grade Status
Goodyear is not investment grade. The Goodyear Tire & Rubber Company carries issuer rating of BB- from Fitch Ratings: below the BBB-/Baa3 investment grade threshold. Ratings checked October 8, 2026. See the investment grade credit tenant ratings table.
Moody’s: no verified rating
Fitch: BB-
Source: Fitch Ratings BB-, as of February 13, 2026. Ratings checked October 8, 2026.
Our ratings database classifies Goodyear as not investment grade; ratings we could not verify from a primary source are not shown. For NNN investors, understanding credit ratings is critical: investment-grade tenants (BBB- and above, Baa3 and above) carry lower default risk and support more conservative portfolio construction. Below-IG tenants carry higher risk but may offer higher cap rates as compensation.
For detailed information on how credit ratings impact NNN valuations and lease pricing, consult our credit ratings guide.
Lease Structure & Triple Net Terms
Goodyear NNN properties feature:
- Initial Term: Varies by lease; confirm in the lease
- Base Rent Escalations: Varies
- Renewal Options: Vary by lease
- Expense Structure: NNN and NN leases both appear among the listings we track (October 2026); confirm which expenses the tenant pays
- Corporate Guarantee: Varies; confirm in the lease
The NNN structure aligns landlord and tenant interests by shifting operating expense risk to the tenant. Goodyear is classified as not investment grade in our ratings database and reported a 2025 net loss of $1.72 billion (2025 Form 10-K), so confirm whether a corporate guarantee applies and review the location’s performance.
Cap Rate & Investment Valuation
Live asking cap rates for Goodyear:
| Tenant | S&P / Moody’s | Median asking cap rate | Middle half of listings | Listings | Median vs. 10-year Treasury |
|---|---|---|---|---|---|
| Goodyear | n/a / n/a | 6.00% | 5.43% to 6.45% | 19 | +76 bps |
Active listings InvestmentGrade.com tracks with an asking cap rate (stated in the listing, or computed from its stated income and price when no rate is stated), listings last observed October 12, 2026. Asking cap rates are not closed-sale cap rates. The middle half is the range from the 25th to the 75th percentile of listings. The 10-year Treasury yield is 5.24% as of October 1, 2026 (FRED series DGS10). Ratings are the agency ratings in our ratings database for the entity shown, which may be a parent company; the rating type (for example issuer, senior unsecured debt, long-term debt or revenue bond ratings) varies by company and is shown on each tenant page. A rating applies to a lease only if the rated entity signs or guarantees it, so confirm the tenant and any guarantor in the lease. n/a means no verified rating is on file.
Cap rates reflect tenant creditworthiness, location quality, lease structure, and prevailing interest rates. A below investment grade rating can support higher cap rates through a larger risk premium, but location and lease terms also drive pricing. For how the rating scale works and where the investment grade line falls, see the investment grade guide.
For current market pricing on Goodyear properties in your target markets, consult with a commercial real estate advisor who specializes in NNN investments.
Real Estate Footprint & Locations
Goodyear’s 2025 Form 10-K reports about 505 company-owned retail outlets and about 180 company-owned commercial truck service locations in the Americas. Building and lot sizes vary by property.
Expansion & Growth Strategy
Goodyear completed its Goodyear Forward plan, which was intended to optimize its portfolio, expand margins and reduce leverage, in 2025, a year in which it made net debt repayments of $1,759 million (2025 Form 10-K). In 2026 it approved plans to close its Fayetteville, North Carolina tire plant and its chemical plants in Niagara Falls, New York and Bayport, Texas (Forms 8-K filed July 21 and October 1, 2026).
Consolidation can include closures, so review each location’s performance and remaining lease term.
Investment Strengths & Risks
| Strengths | Risks |
|
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Comparable NNN Tenants
| Comparable Operators |
| Firestone |
| Discount Tire |
| Valvoline |
Frequently Asked Questions
Why is Goodyear’s credit rating important?
Higher credit ratings indicate lower default risk, which can mean more predictable cash flows. Investment grade ratings often support lower cap rates through a smaller risk premium.
How stable is Goodyear’s business?
Our ratings database classifies the parent, The Goodyear Tire & Rubber Company, as not investment grade. It reported a 2025 net loss of $1.72 billion and sold businesses in 2025 under a plan intended in part to reduce leverage (2025 Form 10-K). Underwrite the location and lease terms, not only any corporate guarantee.
What are typical renewal risks?
Lease renewal risk depends on Goodyear’s performance at term end. Renewal rent and options vary by lease, and initial and remaining terms differ by property, so confirm them in the lease.
Where can I find Goodyear NNN properties?
We track Goodyear listings (currently 19) and refresh them weekly; see the live table on this page or contact us for current opportunities.
Ready to Invest in Goodyear NNN Properties?
Connect with a qualified commercial real estate advisor today to discuss available Goodyear properties, cap rates, and investment strategy alignment.
Goodyear Net Lease Property: Buying, Selling and Financing
Buying: We find on-market and off-market Goodyear properties, review the lease and the tenant’s credit, and compare pricing with current listings. On the majority of transactions, there is no separate fee to you as the buyer; the listing broker pays a cooperating commission.
Selling: We can prepare an opinion of value from current listings and recent sales and, when it fits your goals, run a confidential sale to private investors, family offices and institutional buyers. See our guide to off-market sales.
Financing: Investment Grade Capital, a service of Investment Grade LLC, matches buyers and owners with lenders for acquisitions and refinancing.
1031 exchanges: Tell us your identification and closing deadlines so we can plan the search around them.
Request an NNN investment consultation or email team@investmentgrade.com.
Related NNN Tenants
Goodyear NNN Properties Observed For Sale
19 active Goodyear net lease listings observed across public listing sources, most recently Oct 9, 2026. Asking figures as published by the listing party.
| Location | Asking Price | Cap Rate | Building SF | Term Left | |
|---|---|---|---|---|---|
| Biloxi, MS | $999,000 | 6.00% | 5,772 | n/a | View listing |
| Glendale, WI | $3,062,400 | 6.00% | 6,600 | 6.0 yrs | View listing |
| Mauldin, SC | $746,000 | 6.26% | 5,124 | 4.5 yrs | View listing |
| Ithaca, NY | $3,313,520 | 6.25% | 10,182 | n/a | View listing |
| Fort Wayne, IN | $1,190,000 | 6.05% | 9,624 | 9.4 yrs | View listing |
| Belleville, MI | $3,081,828 | 7.25% | 28,830 | n/a | View listing |
| PORT HURON, MI | $1,197,800 | 6.75% | 5,200 | 5.0 yrs | View listing |
| REYNOLDSBURG, OH | $2,232,000 | 6.40% | 5,400 | n/a | View listing |
Search all 19 observed Goodyear listings and the full NNN inventory
Market observations aggregated from listing broker materials; not offerings by Investment Grade Income Property, LP. Buyer representation available on a cooperating commission basis. Information deemed reliable but not guaranteed.
